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The Vistria Group Acquires Supplemental Health Care

Friday, February 12, 2016

Supplemental Health Care announced Thursday it has partnered with The Vistria Group, a Chicago-based private investment firm.

Longtime staffing industry leaders and Vistria operating partners, Greg Palmer and Ron Malone, will serve on Supplemental Health Care’s Board of Directors as chairperson and vice-chairperson, respectively. Palmer, the former CEO of RemedyTemp Inc., has 30 years of experience in the staffing industry. Malone, the former chairperson & CEO of Gentiva Health Services, has 30 years of experience in staffing and home health care. Janet Elkin, who has served as Supplemental Health Care’s CEO since 2010, and the company’s existing leadership team will continue to operate and manage the company.

“Janet and her team have built a tremendous platform that is well-positioned to help healthcare providers meet the challenges of recruiting and retaining high-quality clinical staff in this supply-constrained environment,” said Vistria’s Amy Christensen, who also will join the board of Supplemental Health Care. “We are very excited about the growth opportunities ahead, particularly in providing healthcare staffing for school districts.”

Founded in 1984, Supplemental Health Care has grown to a national provider of workforce solutions, with 60 local offices and four national divisions providing contingent clinical staffing and nurse, allied health, and physician staffing through its recruitment process outsourcing (RPO) division Clinical Magnet, the industry’s only workforce planning provider exclusively focused on the clinical hiring needs of healthcare organizations. The company is also expanding its offerings for healthcare staffing in school districts.

“We are excited to have Vistria as our new partner, and appreciate their commitment to our long-term growth,” Elkin said. “In particular, Vistria’s deep relationships with leading healthcare providers and school districts, which is a growth vertical for us, will help us significantly accelerate the growth of our MSP and RPO divisions.”

“Supplemental Health Care’s customizable workforce solutions and reputation for high-touch, dedicated customer service are highly attractive for healthcare systems and school districts,” Palmer said. “As healthcare providers confront severe shortages of nurses, allied staff, and physicians, the company is well-poised to reach beyond the traditional staffing model and serve as a long-term partner with a comprehensive suite of workforce solutions.”

 

Source : utahbusiness.com